**[Ark Invest: U.S. BTC Spot ETF Q1 Holdings Remain Stable, Institutional Investor Confidence Still Strong]** Golden Finance reported that on April 17, Ark Invest stated in its 2026 Q1 Bitcoin Quarterly Report that the total holdings of U.S. Bitcoin spot ETFs in Q1 2026 demonstrated remarkable resilience, fluctuating between 1.26 million and 1.31 million BTC. Despite a maximum Bitcoin price drawdown of 23%, ETF holders showed no substantial signs of "capitulation-style selling." As of the end of March, the total ETF holdings were approximately 1.29 million BTC, nearly unchanged compared to the beginning of the quarter. This stability in holdings indicates that institutional investors maintain strong confidence even in the face of significant downward volatility.